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Calculate Total Assets to Debt Ratio from the following information:

Particulars ₹
Total Assets 15,00,000
Total Debts 12,00,000
Creditors 90,000
Bills Payable 60,000
Bank Overdraft 50,000
Outstanding Expenses 20,000

[ Ans.: Total Assets to Debt Ratio = 1.53 : 1.]

Anurag Pathak Changed status to publish August 14, 2023
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